Source: Streetwise Reports (1/25/23)
Bion Environmental Technologies Inc. is creating a “mutually beneficial strategic relationship” with another company looking to improve the cattle industry.
Bion Environmental Technologies Inc. (BNET:OTCQB) has signed a letter of intent to create a “mutually beneficial strategic relationship” with another company looking to improve the cattle industry.
Bion’s Gen3Tech technology transforms cattle waste into renewable natural gas, fertilizer, and clean water. BetterFedFoods LLC has developed a technology that uses algae to supplement cattle feed with Omega 3 EPA long-chain fatty acids.
Newsletter writer Clive Maund of CliveMaund.com said looking at Bion’s 20-year chart, he sees a “steady advance by the accumulation line over a long period.”
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This “strongly suggests a positive resolution to the pattern — i.e., a major new bull market with a breakout from the entire base pattern being signified by the price advancing through the US$2.00 level,” he wrote on Jan. 16.
Maund rated the stock an immediate Buy, saying it “is considered to be a solid long-term investment.”
BetterFedFoods has made a “significant equity investment” in Bion, Bion said. The two companies will work over the next two to three months to determine how to leverage their individual strengths in the partnership.
The Catalyst: More Demand for Sustainable Beef
BetterFedFoods’ values fit Bion’s values, said Bion Chief Executive Officer Bill O’Neill.
“BetterFedFoods’ commitment to creating healthier feed, animals, and people is a perfect fit with our own vision,” he said. “Today’s consumers increasingly want products that are sustainable, transparent, and ‘better for you.’ Working with BetterFedFoods will help Bion and its partners check those consumer boxes.”
Over the last decade, BetterFedFoods has been incorporating algae in livestock feeding systems, improving their overall health and providing a higher feed-to-weight gain ratio, creating better marbling of the meat and reducing methane emissions from the animals.
Omega 3 also reduces joint inflammation, increases stress tolerance, improving respiratory issues, and reducing heart disease for animals — just like it does for humans.
“Aligning our goals (with Bion’s) makes perfect sense,” said Todd Hansen, BetterFedFoods’ chief executive officer.
A Sustainable System
The livestock industry creates more than 1.5 billion tons of manure annually, contributing to climate change and the excess nutrient contamination of surface waters and groundwater aquifers.
Bion’s platform transforms that pollution into revenue-producing renewable natural gas, fertilizer, and clean water. It both prevents pollution and recovers lost value simultaneously, and consumers get grain-fed and independently verified sustainable meat with a pedigree they can trace back to the source.
Company officials said meat produced through its system creates a truly sustainable product that also goes a long way toward eliminating the environmental impacts of meat production.
According to the U.S. Environmental Protection Agency, livestock manure nutrients “have real value as a fertilizer” for farmers, gardeners, and landscapers. However, untreated manure from animal feeding operations can contaminate surface water with pathogens such as E. coli, hormones, antibiotics, and chemicals like nitrates, phosphorous, and ammonia, the Centers for Disease Control stated.
Untreated waste can contribute to greenhouse gases such as methane, cause algae blooms and dead zones in bodies of water, contaminate groundwater, and contribute to antibiotic resistance.
“The company is involved in the green technology space, which is a good area to be in with the climate change movement driving a lot of changes and developments,” Maund wrote.
The EPA is now saying it will look at strengthening regulations for large livestock farms. The agency didn’t commit to any changes but acknowledged needing more recent data.
Bion’s Gen3Tech uses a specially designed barn and separately housed treatment system to apply biological, thermal, and mechanical processes to animal waste, creating pipeline-quality natural gas, fertilizers, clean water, and clean air and water credits.
But the main product is blockchain-verified, USDA-certified, sustainable meat for the US$66 billion-a-year beef industry.
In a column last August, Maund said Bion is well-positioned.
“The company is involved in the green technology space, which is a good area to be in with the climate change movement driving a lot of changes and developments,” Maund wrote. “It certainly cannot be claimed that the company has not been preparing for the times that we now find ourselves in and the times ahead.”
Ownership and Share Structure
Streetwise Ownership Overview*
Bion Environmental Technologies Inc. (BNET:OTCQB)
Retail: 56% | |
Management/Insiders: 44% |
About 44% of the company is held by management/insiders; the rest is retail.
The stock is covered by several newsletter writers, including Maund, Matt Badiali, and Chris Temple, editor of The National Investor. Click “See More Live Data” in the data box above to view more of what they are saying.
Bion has a market cap of US$79.14 million and 44,279,884 million shares outstanding, 21,841,554 million of them free-floating. It trades in a 52-week range of US$1.75 and US$0.505.
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Disclosures:
1) Steve Sobek wrote this article for Streetwise Reports LLC. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
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4) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Bion Environmental Technologies Inc., a company mentioned in this article.
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